BIST 100 Index Closes the Day with a Decline

The BIST 100 index on Borsa Istanbul closed the day with a decrease of 28.07 points, influenced by uncertainties in global trade policies and geopolitical developments. On a day when the total transaction volume reached 198.2 billion liras, significant divergences were observed among sector indices.

Sectoral Developments and Changes

Among the sector indices traded on Borsa Istanbul, the financial leasing and factoring sector exhibited the highest performance with a 6.10 percent increase. In contrast, the chemical, petroleum, and plastic sector lost 4.43 percent in value, becoming the biggest loser of the day.

Among the main sectors, the banking index completed the day with a 0.03 percent loss in value, while the holding index decreased by 1.22 percent. The total transaction volume was recorded at 198.2 billion liras.

Impact of Global Markets

In global markets, the US sanctions plan against Iran remaining more limited than expected and the sharp decline in oil prices supported risk appetite. However, a mixed course was observed in the markets ahead of the Nvidia balance sheet to be announced tomorrow.

Domestically, the selling pressure triggered by uncertainties regarding global trade policies and geopolitical developments was effective in the BIST 100 index closing the day with a selling trend.

Technical Levels and Expectations

Analysts stated that the domestic data agenda will be calm in the next trading day, while abroad, personal consumption expenditures and annualized gross domestic product (GDP) data to be announced in the US will be monitored.

From a technical perspective, while the 14,400 and 14,300 point levels are in a support position for the BIST 100 index, the 14,600 and 14,700 point levels will be monitored as resistance in case of potential increases.